ABC Gas (International) Ltd
₹ 56.7
-4.99%
23 Apr
- close price
About
Established in 1980 as a manufacturer and trader non ferrous metals like brass rods & tubes and copper pipes, ABC Gas International Limited (formerly known as Brassco Extrusions Ltd.) is now the largest ISO certified Gas Reticulation Company in India.
The company works in designing, installing and maintaining LPG Reticulated Systems.
Key Points
- Market Cap ₹ 11.2 Cr.
- Current Price ₹ 56.7
- High / Low ₹ 85.0 / 31.9
- Stock P/E
- Book Value ₹ 17.8
- Dividend Yield 0.00 %
- ROCE -1.31 %
- ROE -3.70 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.18 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -18.7%
- The company has delivered a poor sales growth of -58.3% over past five years.
- Promoter holding is low: 1.21%
- Company has a low return on equity of -29.9% over last 3 years.
- Company might be capitalizing the interest cost
- Working capital days have increased from 24,706 days to 71,540 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 68.96 | 14.80 | 2.66 | 4.07 | 2.34 | 3.95 | 1.58 | 0.77 | 1.16 | 0.42 | 1.54 | 0.02 | 0.01 | |
| 68.27 | 14.84 | 2.54 | 4.15 | 2.67 | 4.32 | 2.02 | 1.03 | 1.54 | 1.08 | 2.99 | 0.17 | 0.54 | |
| Operating Profit | 0.69 | -0.04 | 0.12 | -0.08 | -0.33 | -0.37 | -0.44 | -0.26 | -0.38 | -0.66 | -1.45 | -0.15 | -0.53 |
| OPM % | 1.00% | -0.27% | 4.51% | -1.97% | -14.10% | -9.37% | -27.85% | -33.77% | -32.76% | -157.14% | -94.16% | -750.00% | -5,300.00% |
| 0.26 | 0.29 | 0.30 | 0.47 | 0.18 | 0.31 | 0.38 | 0.45 | 0.15 | 0.28 | 1.85 | 2.56 | 0.01 | |
| Interest | 0.66 | 0.04 | 0.19 | 0.16 | 0.02 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.13 | 0.02 | 0.01 |
| Depreciation | 0.01 | 0.01 | 0.03 | 0.06 | 0.06 | 0.06 | 0.04 | 0.03 | 0.03 | 0.03 | 0.02 | 0.03 | 0.03 |
| Profit before tax | 0.28 | 0.20 | 0.20 | 0.17 | -0.23 | -0.13 | -0.11 | 0.16 | -0.26 | -0.41 | 0.25 | 2.36 | -0.56 |
| Tax % | 21.43% | 20.00% | 20.00% | 5.88% | 4.35% | 7.69% | 36.36% | 18.75% | 3.85% | 0.00% | 0.00% | 11.44% | |
| 0.22 | 0.16 | 0.16 | 0.16 | -0.22 | -0.12 | -0.06 | 0.13 | -0.26 | -0.41 | 0.25 | 2.09 | -0.84 | |
| EPS in Rs | 1.11 | 0.81 | 0.81 | 0.81 | -1.11 | -0.61 | -0.30 | 0.66 | -1.31 | -2.07 | 1.26 | 10.56 | -4.24 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -48% |
| 5 Years: | -58% |
| 3 Years: | -74% |
| TTM: | -67% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -20% |
| 3 Years: | 17% |
| TTM: | 13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | 36% |
| 3 Years: | 81% |
| 1 Year: | 44% |
| Return on Equity | |
|---|---|
| 10 Years: | -10% |
| 5 Years: | -19% |
| 3 Years: | -30% |
| Last Year: | -4% |
Balance Sheet
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 |
| Reserves | -0.02 | 0.13 | 0.29 | 0.41 | 0.17 | 0.03 | -0.03 | 0.10 | -0.16 | -0.57 | -0.32 | 1.77 | 1.55 |
| 0.00 | 0.52 | 1.54 | 1.63 | 1.84 | 1.67 | 1.33 | 1.02 | 1.33 | 1.52 | 0.12 | 0.57 | 0.89 | |
| 19.96 | 19.81 | 5.06 | 1.99 | 1.70 | 3.42 | 3.38 | 2.02 | 1.74 | 1.93 | 5.61 | 0.34 | 0.18 | |
| Total Liabilities | 21.92 | 22.44 | 8.87 | 6.01 | 5.69 | 7.10 | 6.66 | 5.12 | 4.89 | 4.86 | 7.39 | 4.66 | 4.60 |
| 0.18 | 0.17 | 0.39 | 0.39 | 0.33 | 0.28 | 0.25 | 0.22 | 0.20 | 0.16 | 0.14 | 0.19 | 0.17 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.57 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 |
| 21.17 | 22.19 | 8.40 | 5.54 | 5.28 | 6.74 | 6.33 | 4.82 | 4.61 | 4.62 | 7.17 | 4.39 | 4.35 | |
| Total Assets | 21.92 | 22.44 | 8.87 | 6.01 | 5.69 | 7.10 | 6.66 | 5.12 | 4.89 | 4.86 | 7.39 | 4.66 | 4.60 |
Cash Flows
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | -0.89 | -0.05 | -0.26 | 0.05 | -0.17 | -0.05 | -0.12 | -0.43 | 0.16 | 1.13 | -6.14 | |
| 0.25 | 0.75 | 0.02 | 0.20 | 0.03 | 0.24 | 0.39 | 0.45 | 0.13 | -0.33 | 0.37 | 5.66 | |
| -0.04 | -0.04 | -0.02 | -0.01 | 0.00 | -0.15 | -0.34 | -0.32 | 0.32 | 0.18 | -1.53 | 0.45 | |
| Net Cash Flow | 0.21 | -0.18 | -0.05 | -0.07 | 0.07 | -0.08 | 0.00 | 0.01 | 0.02 | 0.02 | -0.03 | -0.03 |
Ratios
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 79.24 | 394.59 | 134.47 | 41.25 | 188.74 | 386.25 | 859.37 | 1,336.75 | 1,192.54 | 3,241.55 | 654.16 | 0.00 |
| Inventory Days | 9.60 | 51.86 | 984.98 | 443.43 | 571.94 | 198.33 | 622.34 | 1,043.67 | 215.83 | 680.68 | 84.77 | 12,775.00 |
| Days Payable | 103.93 | 481.74 | 785.89 | 160.88 | 244.42 | 299.82 | 845.54 | 1,072.19 | 501.48 | 1,736.22 | 35.32 | 6,205.00 |
| Cash Conversion Cycle | -15.10 | -35.29 | 333.56 | 323.80 | 516.26 | 284.76 | 636.17 | 1,308.24 | 906.89 | 2,186.01 | 703.61 | 6,570.00 |
| Working Capital Days | 4.55 | 54.50 | 443.21 | 313.88 | 536.58 | 298.47 | 669.94 | 1,294.09 | 874.74 | 2,224.76 | 353.15 | 71,540.00 |
| ROCE % | 50.27% | 10.46% | 12.11% | 7.92% | -5.74% | -3.65% | -2.87% | 5.02% | -8.32% | -13.16% | -47.56% | -1.31% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 18 Apr
- Clarification And Submission Of Revised Corporate Announcement Of Proceedings Of The 43Rd AGM Of The Company Held On 29.09.2023 Along With Explanation For Delay In Disclosure Of The Same 11 Apr
- Clarification And Submission Of Revised Corporate Announcement Of Proceeding Of AGM Of The Company Held On 25.09.2023 Along With Explanation For Delay In Disclosure Of The Same 11 Apr
- REGULATION 7(3) FOR THE YEAR ENDED 31ST MARCH, 2024. 10 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Import of Products:[1]
The company imports Copper, DZR Endfeed and Solder fittings from France for trading. The company also manufactures and imports Copper Pipes, Pressure Regulators, Meters and accessories.